What is Nowadays?
Founded in 2020, Nowadays operates at the intersection of food technology and sustainable consumer goods. The company is dedicated to developing and producing plant-based meat alternatives, aiming to provide consumers with environmentally conscious and ethically produced food options. By leveraging innovative manufacturing processes, Nowadays seeks to capture a significant share of the rapidly expanding plant-based food market, addressing growing consumer demand for healthier and more sustainable dietary choices.
How much funding has Nowadays raised?
Nowadays has raised a total of $7M across 1 funding round:
Angel/Seed
$7M
Angel/Seed (2022): $7M with participation from Beyond Impact, FoodHack, Rachel Mansfield, Good Startup, Tenacious Ventures, Brandon Shainfeld, Stray Dog Capital, Varsha Rao, Gaingels, Standard Meat, Unpopular Ventures, VegInvest, Selva Ventures, Vanterra Capital, and Cornucopian Capital
Key Investors in Nowadays
Beyond Impact
Beyond Impact is a Managed Service Provider offering tailored IT solutions, focusing on aligning IT with business goals through proactive monitoring and robust network security.
FoodHack
FoodHack is a global community focused on FoodTech, connecting founders and funders and providing concise updates on the latest news, funding, and innovations in the sector.
Good Startup
Good Startup invests in entrepreneurs developing alternative protein solutions to eliminate animals from the food system, supporting the growth of next-generation companies through its Good Protein Fund.
What's next for Nowadays?
With the recent influx of major strategic investment, Nowadays is poised for accelerated growth and market penetration. The company is likely to focus on scaling its production capabilities, expanding its product portfolio, and strengthening its distribution networks. Further research and development into novel plant-based formulations may also be a priority, ensuring its offerings remain competitive and appealing to a broad consumer base. This funding round signals strong investor confidence in Nowadays's business model and its potential to disrupt the traditional meat industry.
See full Nowadays company page